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<title>Fate of World Economy Lies with U.S. Housing   --Greenspan</title>
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<description>LONDON &#x26;#x2013; The fate of the world economy hinges on what happens to house prices in America and that may not be a good thing, former Federal Reserve chairman Alan Greenspan said on Monday. Speaking at the Reuters headquarters in London, the former Fed chair delivered a gloomy prognosis on the state of the global economy &#x26;#x2013; U.S. house prices are likely to fall further and they could drag the rest of the world with them. * * * &#x26;#x201C;The critical variable in this judgement is the price of homes in the United States,&#x26;#x201D; said Greenspan, who ran the U.S....</description>
<author>Sign on San Diego</author>
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<pubDate>Tue, 2 Oct 2007 14:27:22 GMT</pubDate>
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